Brian joined Bray Real Estate in August of 2004. He is a fourth generation real estate professional at Bray Real Estate, founded in 1946 by his great-grandfather Sherman Bray. He spent his time before this attending Mesa State College and graduating with a Bachelor of Science Degree in Business Administration. He is an entrepreneur by heart and uses this passion to help his clients obtain their real estate goals.
There are a number of reasons companies choose to sell an asset or portfolio of assets – business expansion, a merger or acquisition, a shift in corporate strategy or the need to free up capital are just a few of them. When the time comes, you want to make sure the disposition process is handled by a professional.
Purchasing land to build an office, industrial or special-use building requires knowledge and expertise distinct from that required for purchasing existing buildings.
For landlords , we develop strategies to enhance the value of a real estate asset through four key elements: positioning the product in the marketplace, identifying suitable prospects, creating customized marketing strategies and tools and managing all of the steps associated with the leasing process.
How do we determine an opinion of Value?
When performing a BOV, we gather property information regarding its physical attributes and those of the surrounding area, and review the market for recent comparables. We will also review the market for currently available properties that are similar to the property being valued. If appropriate, we will review tenant leases and property expenses. Market trends are also factored in, as are any of the subject real estate’s other unique attributes.
In many situations, renewing your existing leased industrial or office space may be your preferred option. The current building location might suit your employees and clients, and your existing space may work well for your business. Additionally, renewing your lease may prevent disruptions that often accompany relocating a company.